This study examined the psychological functions of three friendship types (i.e., same ethnic, interethnic, and interracial) in a sample of 785 sixth-grade Asian students (Mage =11.5years). Participants listed their friends in sixth grade and whether each nominated friend was the same or a different ethnic group. They also reported on their ethnic identity, intergroup relations, and perceived school safety. Results showed that same-ethnic friendships were related to stronger ethnic identity and interracial friendships were uniquely related to school safety. Interethnic friendships (an Asian friend from a different country of origin) when perceived as same ethnic functioned similarly to same-ethnic friendships, whereas interethnic friendships perceived as from a different ethnic group, like interracial friendships, were associated with better intergroup relations. Implications for studying friendships in ethnically diverse samples are discussed.